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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #160,381
  • Feb 13, 2009 9:46am Feb 13, 2009 9:46am
Quoting maryinvest
I am following you with short order to 126.60

hope you used a stop Mary

whenever you see a large down move like that ...enjoy it but always watch for a sign of reversal ....99% of the time they are traps
Blogging daily now at www.volume.zone
  • #160,382
  • Feb 13, 2009 9:50am Feb 13, 2009 9:50am
Quoting malcolmb14
stopped out .. had stop moved up to 1st target and had 50 pip down candle 3 min chart ... a little insane

have a great weekend everyone . I am done for today .
Have a good one Malcolm
  • #160,383
  • Feb 13, 2009 9:50am Feb 13, 2009 9:50am
Quoting dialpips
hi malc., don't u hink a close above 1h gann could see us in the 135ish area. just my thought.

i hope to add if a close above 1h gann and a retrace 5sma if achieved.


yeah but i am a day trader and there seems to be a lot of indecision in the market ... stimulus package is in senate today and G8 meeting this weekend

anything could happen at any time. I had 2 great trades and have only been in the market for 1.5 hours(one for 60 pip and then the breakout of the open range at 132.2 that I posted for another 80) and in market conditions today feel like calling it a day .
Blogging daily now at www.volume.zone
  • #160,384
  • Feb 13, 2009 10:02am Feb 13, 2009 10:02am
Hourly closed above the gann on my chart. Last few minutes of strong buy pushed it up over the gann. Not sure if there's enough time for another breakout. I think we'll consolidate to end the week.
  • #160,385
  • Feb 13, 2009 10:03am Feb 13, 2009 10:03am
Quoting dialpips
hi malc., don't u hink a close above 1h gann could see us in the 135ish area. just my thought.

i hope to add if a close above 1h gann and a retrace 5sma if achieved.

price has close above 1h, 15m ganns. we need to see 1hr qqe cross to bullish then a ride to possible hh above today's open. just my thoughts.
  • #160,386
  • Feb 13, 2009 10:06am Feb 13, 2009 10:06am
Quoting dialpips
i presume this a call from a guru, i'll take it. hope not late already. whats ur 1st target pal?
I traded that pin bar and grabbed a quick +68 pips.
Discipline + Patience - Fear - Greed = Success
  • #160,387
  • Feb 13, 2009 10:13am Feb 13, 2009 10:13am
triangle in 1hr chart. possible breakout to upside.
if not, then we go down.....
  • #160,388
  • Feb 13, 2009 10:22am Feb 13, 2009 10:22am
Quoting pkimnyc
triangle in 1hr chart. possible breakout to upside.
if not, then we go down.....
looks like break of 132 and we go down - 133.80~+ and we break to the upside? Am i looking at this correctly?
  • #160,389
  • Feb 13, 2009 10:23am Feb 13, 2009 10:23am
Quoting hadleyma
looks like break of 132 and we go down - 133.80~+ and we break to the upside? Am i looking at this correctly?
something like that...

i want down side though
  • #160,390
  • Feb 13, 2009 10:24am Feb 13, 2009 10:24am
Quoting pkimnyc
something like that...

i want down side though

As do I - lol

any timing as to some of the "news" coming out today? (senate bill etc.)
  • #160,391
  • Feb 13, 2009 10:30am Feb 13, 2009 10:30am
Quoting hadleyma
As do I - lol

any timing as to some of the "news" coming out today? (senate bill etc.)
no idea.
  • #160,392
  • Feb 13, 2009 10:51am Feb 13, 2009 10:51am
so Dow dropping and GJ going up eh lol.
  • #160,393
  • Feb 13, 2009 10:52am Feb 13, 2009 10:52am
Quoting forextine
so Dow dropping and GJ going up eh lol.
I guess we can blame it on being friday. trading fridays are always questionable
  • #160,394
  • Feb 13, 2009 10:53am Feb 13, 2009 10:53am
Quoting hadleyma
I guess we can blame it on being friday. trading fridays are always questionable
Yeah and I'd hate to hold over the weekend.
  • #160,395
  • Feb 13, 2009 11:20am Feb 13, 2009 11:20am
Quoting pkimnyc
triangle in 1hr chart. possible breakout to upside.
if not, then we go down.....
not before hitting 130.45 -
watch out for a close below 132.17. . . 1st clue price will touch 130.45 sooner rather than later. . . he, he, he. . .
  • #160,396
  • Feb 13, 2009 11:34am Feb 13, 2009 11:34am
Quoting quecee5
not before hitting 130.45 -
watch out for a close below 132.17. . . 1st clue price will touch 130.45 sooner rather than later. . . he, he, he. . .
I had 131, then 129 on my fibs on the 4hr. We bounced off the 131 to 133 guess we're headed towards 131 again
Patience + Humility + Study = Success
  • #160,397
  • Feb 13, 2009 11:51am Feb 13, 2009 11:51am
Quoting DutchTrader
I had 131, then 129 on my fibs on the 4hr. We bounced off the 131 to 133 guess we're headed towards 131 again
lower this time. . . 130.25 is intraday S1. . . we already hit R1 which was 133.07 below 132.17 we will scurry on down to touch just slightly lower than the previous low. . .

Also, 130.45 is the 50% fib from the swing hi and swing low (127-134). . .

38% was touched to the pip so I expect this one to play out sooner rather than later or see a gap down to this point on Sunday.
  • #160,398
  • Feb 13, 2009 11:51am Feb 13, 2009 11:51am
nice pinbar developing on 4hr chart - thing of beauty!
  • #160,399
  • Feb 13, 2009 11:52am Feb 13, 2009 11:52am
wow is it me or is this market dieing? i hope it's not this bad all year...
Before Forex I was tall, and clean shaven. Now I am an Ewok.
  • #160,400
  • Feb 13, 2009 11:56am Feb 13, 2009 11:56am
Quoting quecee5
not before hitting 130.45 -
watch out for a close below 132.17. . . 1st clue price will touch 130.45 sooner rather than later. . . he, he, he. . .
I agree bro, even deeper.. have a look all GBP pairs..
they are bloody set to drop.. gbpchf, aud, cad.. usd.. alll
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